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Mortgages protect you from title deed theft
Legacy_user
Posts: 0 Newbie
I read a disturbing case recently in Stockport where a mans house was put up for sale without his knowledge after his ID had been stolen using just 3 bills. He was mortgage free so he had less protection than he otherwise would've done.
Think twice about completely going mortgage free if it means you risk losing the entire property. If you have a better investment go for that, I.e a pension you can put into or s&s isa.
The land registry also offer a free alerts service you can sign up to that should help protect you and consider adding a restriction to the deeds
Think twice about completely going mortgage free if it means you risk losing the entire property. If you have a better investment go for that, I.e a pension you can put into or s&s isa.
The land registry also offer a free alerts service you can sign up to that should help protect you and consider adding a restriction to the deeds
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